Quote from: Flickkk on May 23, 2018, 09:44:26 AM

Quote from: babsalt1975 on October 11, 2017, 11:12:47 AM

Sweden is contemplating to stop using cash by 2023, does this mean cash might be extinct if other countries follow suit?

https://www.weforum.org/agenda/2017/10/sweden-could-stop-using-cash-by-2023?utm_content=buffer40bef&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

it wont happen .. the bank will is scared of cryptocurrency and they are against cryptocurrency ..
and i think they believe in future there is a possibility where people generates Cryptocurrency and it might affect the Money globally.

I think not all banks are afraid of cryptocurrencies, there are reports that some big banks are even planning to create their own coin in the future instead of using the existing cryptocurrencies in the market. A big bank in Japan, for example, is planning to release its own cryptocurrency this year and will have parity with the Japanese Yen. Banks have been reluctant to welcome cryptocurrencies but they instead moving towards developing their own coin to streamline their operations.